can you please help me with this question, I will give you a thumb up.

Terrell Company reported the following data at the end of its first year of operations on December 31 . (a) Prepare its year-end income statement. (b) Prepare its year-end statement of retained earnings, using net income calculated in part a. Hint: Retained Earnings on January 1 was \$0. Mraiama itenaminand inrmman ntmtnmmet Prepare its year-end statement of retained earnings, using net income calculated in part a. Hint: Retained Earnings on January 1 was $0